Banks

Sri Lanka co-opts its banks (again) to kick start economic growth

The new government wants to get growth back to a level that befits the country’s promise. One key route is a moratorium on loans. The rating agencies loathe the idea, but the country’s leading bankers and economists give a broadly positive assessment.
February 16, 2020

China’s blockchain seen as a push for greater control

The PBOC's plans to issue a cryptocurrency to replace fiat currency is seen as a move to regulate cash flow and to clamp down further on shadow banking. A policy adviser also couldn't resist a swipe at Facebook's Libra.
October 29, 2019

Why financial services face huge risks from AI

Although AI is seen as an opportunity to tap new investment and client opportunities, it could also be a minefield if the safeguards are insufficient, a new study suggests.
October 28, 2019